Notwithstanding the provisions of KRS 18A.225, the area development districts may jointly establish an employee benefit fund to provide for self-insurance of all risks in the provision of benefits for district employees comparable to those that may be paid under a policy or contract procured by the secretary of Finance and Administration Cabinet as provided in KRS 18A.225(2).

Effective: July 14, 1992

History: Created 1992 Ky. Acts ch. 219, sec. 3, effective July 14, 1992.